2014-10-09T08:58:41-05:00 2014-06-30 McPhillips Roberts & Deans PLC 150 Boush Street Suite 1100 Norfolk VA 23510 990 2013-07-01 521272309 VIRGINIA AQUARIUM & MARINE SCIENCE CENTER FDN % DONNA J ELLIS VIRG 7573857777 717 GENERAL BOOTH BOULEVARD Suite VIRGINIA BEACH VA 23451 LYNN B CLEMENTS EXECUTIVE DIRECTOR 7573853474 2014-09-24 true Joy M Bixler 7576407190 2013 2015-11-30 17:44:51Z MS LYNN CLEMENTS 717 GENERAL BOOTH BOULEVARD VIRGINIA BEACH VA 23451 4079388 false X www.virginiaaquarium.com X 1981 VA TO INSPIRE CONSERVATION OF THE MARINE ENVIRONMENT THROUGH EDUCATION, RESEARCH AND SUSTAINABLE PRACTICES 74 74 0 1383 0 691559 660336 1852577 2158392 65348 94025 531060 576148 3140544 3488901 0 0 0 0 0 918312 0 0 177713 3205885 2761529 3205885 3679841 -65341 -190940 17450845 17164978 529449 225987 16921396 16938991 TO INSPIRE CONSERVATION OF THE MARINE ENVIRONMENT THROUGH EDUCATION, RESEARCH AND SUSTAINABLE PRACTICES false false 669669 565369 EDUCATION PROGRAMS- TO PROVIDE ENGAGING EDUCATIONAL EXPERIENCES THAT MEET THE NEEDS AND EXCEED THE EXPECTATIONS OF THE AQUARIUM'S DIVERSE AUDIENCES IN ORDER TO FOSTER OCEAN LITERACY AND INSPIRE CONSERVATION ACTION. 971382 240564 EXHIBITS- TO PRODUCE ENGAGING, IMMERSIVE EXHIBITS IN ORDER TO INSPIRE CONSERVATION ACTIONS BY CREATING EMOTIONAL CONNECTIONS BETWEEN GUESTS AND THE ANIMAL COLLECTION AND ENHANCE UNDERSTANDING OF MARINE SCIENCE THROUGH HANDS-ON EXPLORATION. 1634302 1352459 RESEARCH AND CONSERVATION - TO CONDUCT AND SUPPORT SCIENTIFIC RESEARCH AND STEWARDSHIP INITIATIVES IN ORDER TO PRODUCE AND DISSEMINATE KNOWLEDGE LEADING TO EFFECTIVE CONSERVATION OF THE MARINE ENVIRONMENT. 3275353 true true false false false false false true false true true false false false false true true false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false true 20 0 true 0 false false false false false false false false false false X 74 74 true false false false false false false true true false false true true true true true true false false false X DONNA J ELLIS 7573850280 717 GENERAL BOOTH BOULEVARD VIRGINIA BEACH VA 23451 RENDY ADAMS 0.2 X 0 0 0 MICHELLE COLLINS 0.2 X 0 0 0 C MAX BARTHOLOMEW JR 0.2 X 0 0 0 THOMAS A BARTON III PRESIDENT ELECT 2.0 X X 0 0 0 ROBERT W BERRY JR 0.2 X 0 0 0 GEORGE H BOWLES 0.2 X 0 0 0 MICHAEL BENEDETTO 0.2 X 0 0 0 SARA MILLER BOYD 0.2 X 0 0 0 MACON BROCK 0.2 X 0 0 0 THOMAS C BROYLES 0.2 X 0 0 0 JAMES G CARLSON 0.2 X 0 0 0 BRYAN CUFFEE 0.2 X 0 0 0 BARBARA TAYLOR CREECH 0.2 X 0 0 0 NANCY A CREECH 0.2 X 0 0 0 SAL DABIERO 0.2 X 0 0 0 LEE ENISMINGER SECRETARY 2.0 X X 0 0 0 ROBERT H DEFORD JR 0.2 X 0 0 0 FRANKLIN P EARLEY SR 0.2 X 0 0 0 JOHN H FAIN 0.2 X 0 0 0 WILLIAM J FANNEY 0.2 X 0 0 0 MORRIS H FINE 0.2 X 0 0 0 KENNETH CUMMINGS 0.2 X 0 0 0 THOMAS E FRAIM SR 0.2 X 0 0 0 CATHIE J FRANCE 0.2 X 0 0 0 THOMAS R FRANTZ 0.2 X 0 0 0 WILLIAM T GREER JR PHD 0.2 X 0 0 0 WILLIAM A HEARST 0.2 X 0 0 0 DR RICHARD V GREGORY 0.2 X 0 0 0 DR CLARENCE A HOLLAND 0.2 X 0 0 0 ANN W HOST 0.2 X 0 0 0 AL HUTCHINSON 0.2 X 0 0 0 PETE LEDDY 0.2 X 0 0 0 ELLEN KEETER 0.2 X 0 0 0 CRAIG GRUBE 0.2 X 0 0 0 GENE LOVING 0.2 X 0 0 0 JOHN MATSON 0.2 X 0 0 0 CHERYL MCLESKEY 0.2 X 0 0 0 DELCENO C MILES VICE PRESIDENT 2.0 X X 0 0 0 ELLY D MLADICK 0.2 X 0 0 0 ROBERT FORT 0.2 X 0 0 0 HARRY R PURKEY 0.2 X 0 0 0 DR CHRIS PLATSOUCAS 0.2 X 0 0 0 JANE M PURRINGTON 0.2 X 0 0 0 TOM McNICHOLS 0.2 X 0 0 0 TIMOTHY B ROBERTSON 0.2 X 0 0 0 MARTHA KAY ROLAND 0.2 X 0 0 0 DAN RYAN 0.2 X 0 0 0 MICHAEL SAVVIDES 0.2 X 0 0 0 KIM SAVAGE 0.2 X 0 0 0 JOHN SETTLE 0.2 X 0 0 0 WILLIE SHEPHERD 0.2 X 0 0 0 TINA SINNEN 0.2 X 0 0 0 EDWARD B SNYDER 0.2 X 0 0 0 MICHAEL STANDING 0.2 X 0 0 0 ANDREW W VAKOS SR 0.2 X 0 0 0 MICHAEL WAGNER 0.2 X 0 0 0 RAY TOLL 0.2 X 0 0 0 KATHERINE HINES 0.2 X 0 0 0 KIM WHEELER 0.2 X 0 0 0 KEN WILSON JR 0.2 X 0 0 0 NIKKI WILLIAMS 0.2 X 0 0 0 NED WILLIAMS 0.2 X 0 0 0 MAKINA LIACOURAS 0.2 X 0 0 0 SHEWLING MOY WONG TREASURER 2.0 X X 0 0 0 DORCAS HELFANT-BROWNING 0.2 X 0 0 0 FREDERICK J NAPOLITANO II CHAIRMAN OF THE BOARD 2.0 X X 0 0 0 THOMAS E FRAIM JR PRESIDENT 2.0 X X 0 0 0 JT MCDONALD 0.2 X 0 0 0 DON GOLDBERG 0.2 X 0 0 0 WILEY F MITCHELL JR GENERAL COUNSEL 2.0 X X 0 0 0 SAMANTHA BERLIN-WETZLER 0.2 X 0 0 0 FRANK WAGNER 0.2 X 0 0 0 CORY MAYO 0.2 X 0 0 0 ANNE RANDOLPH SCHMUDDE 0.2 X 0 0 0 LYNN B CLEMENTS EXECUTIVE DIRECTOR 40.0 X 0 0 0 0 0 0 0 false false false RIVERHEAD FOUNDATION FOR MARINE RES 2000 DANIEL ISLAND DRIVE VIRGINIA BEACH VA 23451 AERIAL SURVEYS 583440 CITY OF VIRGINIA BEACH 2401 COURTHOUSE DRIVE VIRGINIA BEACH VA 23456 PERSONNEL & RENT 1207946 2 51022 609314 104550 660336 EDUCATION PROGRAMS 900099 565369 565369 TEMPORARY EXHIBITS 900099 240564 240564 RESEARCH AND CONSERVATION 900099 1352459 1352459 2158392 78640 78640 0 0 51316 42526 8790 0 8790 8790 393403 0 326593 51425 66810 -51425 15385 15385 347390 169943 177447 177448 0 0 RESTAURANT INCOME 722210 142716 142716 PHOTO CONCESSIONS 900099 227249 227249 OTHER INCOME 900099 200 200 19746 19746 389911 3488901 2158392 670174 0 0 0 0 0 0 697088 614884 32305 49899 0 169463 145377 8637 15449 51761 45502 2252 4007 0 0 0 0 0 0 0 40995 2860 38135 0 0 0 0 37409 27114 8795 1500 0 25425 9338 2586 13501 0 0 634693 567036 67657 25075 20725 4350 CONSERVATION SUPPORT 13064 13064 RENT 58856 58856 PROFESSIONAL SERVICES 68017 50910 15484 1623 PERMITS AND FEES 3107 2716 391 1854888 1716971 46183 91734 3679841 3275353 226775 177713 0 0 2975466 2945610 868418 992243 177201 160804 0 0 0 0 0 0 0 0 0 10275 16072130 5782183 10883000 10289947 2406998 2756099 10000 10000 0 0 0 0 129762 0 17450845 17164978 118419 73698 0 0 211030 152289 0 0 0 0 0 0 0 0 200000 0 0 0 529449 225987 X 11132303 10594718 3787093 4322567 2002000 2021706 16921396 16938991 17450845 17164978 -190940 208535 X false true true true true X 622801 416997 545848 691559 660336 2937541 0 0 622801 416997 545848 691559 660336 2937541 114908 2822633 100622 74685 76166 132402 129956 513831 0 562671 582724 515110 517498 567157 2745160 6196532 9234042 0.45552 0.53823 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X false 2406998 19706 330010 117570 2639144 2247741 0 268538 109281 2406998 2448623 2098 -63908 139072 2247741 2001770 55683 391170 2448623 1854721 25000 172049 50000 2001770 0.76605 0.23395 109227 25520 83707 15962903 5756663 10206240 10289947 0 0 X 4636775 208535 913183 26156 1147874 3488901 3488901 4619180 913183 26156 939339 3679841 3679841 SCHEDULE D, PARTS XI LINE 2D AND XII LINE 2D RENTAL EXPENSE OF $42,526 REPORTED ON PART VIII LINE 6B, NET OF FINANCIAL SERVICE FEES OF $16,370 REPORTED ON PART IX LINE 24E. SCHEDULE D, PART III LINE 1A In accordance with industry practice, the Foundation's collections of marine animals are not capitalized and recognized as assets in the statements of financial position. The Foundation holds its collections for public exhibition, education and research rather than for financial gain. It protects, cares for, preserves and keeps its collections unencumbered. Additionally, it is impracticable to attempt to assign values to the collection because the animals have certain attributes, such as species, sex, age, breeding potential, and relationship to others in the ecosystem that make it difficult to determine an objective basis for valuation. The value of collection items purchased by the Foundation is reported in the statement of activities as collections. Contributed collection items are not reflected in the financial statements. SCHEDULE D, PART III LINE 4 THE CITY OF VIRGINIA BEACH OWNS AND OPERATES THE VIRGINIA AQUARIUM FACILITY. THE VIRGINIA AQUARIUM & MARINE SCIENCE CENTER FOUNDATION, INC. OWNS THE AQUARIUM EXHIBITS, CONDUCTS EDUCATIONAL PROGRAMS, DIRECTS RESEARCH AND CONSERVATION EFFORTS, AND FUND RAISING ACTIVITIES FOR THE AQUARIUM. FINANCIAL RESULTS FROM THE AQUARIUM FUND ARE REPORTED IN ACCORDANCE WITH THE REQUIREMENTS OF THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD. SINCE ITS OPENING IN 1986, VIRGINIA AQUARIUM & MARINE SCIENCE CENTER'S MISSION HAS BEEN TO INCREASE THE PUBLIC'S KNOWLEDGE AND APPRECIATION OF VIRGINIA'S MARINE ENVIRONMENT AND INSPIRE COMMITMENT TO PRESERVE ITS EXISTENCE. RECOGNIZING THAT MARINE CONSERVATION EXTENDS WELL BEYOND VIRGINIA'S SHORES, THE AQUARIUM ANNOUNCED IN 2011 THAT IT WOULD EXPAND ITS FOCUS TO INSPIRE CONSERVATION OF THE MARINE ENVIRONMENT THROUGH EDUCATION, RESEARCH, AND SUSTAINABLE PRACTICES. AT A NEWS CONFERENCE HELD IN HONOR OF ITS 25TH ANNIVERSARY, THE AQUARIUM UNVEILED ITS PLANS FOR FUTURE EXPANSION AND DEVELOPMENT IN 1200 ACRES ALONG OWLS CREEK. THE PROPOSED DESIGN INCLUDES A MARINE ANIMAL CARE CENTER TO THE NORTH OF THE AQUARIUM'S MARSH PAVILION, FOR WHICH THE CITY OF VIRGINIA BEACH HAS ALREADY SECURED TWO AND A HALF ACRES, AS WELL AS EXTENDED WETLAND TRAILS IN THE MARSHVIEW AREA TO THE WEST OF OWLS CREEK. WITH THE EXPANSION, THE VIRGINIA AQUARIUM IS UNIQUELY POSITIONED TO BECOME A MAJOR RESEARCH FACILITY IN THE INTERNATIONAL AREA OF CLIMATE CHANGE AND SEA LEVEL RISE. THE COLLECTION OF ANIMALS ENABLES THE FOUNDATION TO ATTRACT THE PUBLIC TO BUY TICKETS IN ORDER TO INSPIRE CONSERVATION OF THE MARINE ENVIRONMENT THROUGH EDUCATION, RESEARCH AND SUSTAINABLE PRACTICES. AZA-SANCTIONED BREEDING PROGRAMS FOR ENDANGERED SPECIES, SUCH AS TOMISTOMA CROCODILES, ENABLES STAFF TO CONDUCT IMPORTANT RESEARCH FOR INTERNATIONAL CONSERVATION, AND THEY ARE ONE OF THE "SIGNATURE" COLLECTION ANIMALS WHICH ENCOURAGE VISITORS TO CONTRIBUTE DIRECTLY TO CONSERVATION AT POINT OF PURCHASE. SCH D, PART X Management continually evaluates tax positions reflected in the Foundation's tax filings and does not believe that any material uncertain tax positions exist. AUCTION 164909 164909 81817 TOURNAMENT 64428 64428 21220 2 118053 118053 66906 347390 347390 169943 169943 177447 X 104550 FAIR MARKET VALUE false false false FORM 990, PART VI, LINE 2 BOARD MEMBER, MR THOMAS FRAIM IS THE FATHER OF MR THOMAS FRAIM, JR., PRESIDENT. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 99O IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS, REVIEWED IN DETAIL BY THE DIRECTOR OF FINANCE AND THE BOARD OF TRUSTEES, AND SIGNED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO SIGN ANNUAL STATEMENTS TO DISCLOSE POSSIBLE CONFLICTS OF INTERESTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 1023 AND ANNUAL FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XI LINE 5 UNREALIZED GAIN ON INVESTMENTS = $208,535 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PRINTING AND POSTAGE TOTAL EXPENSES:24490 PROGRAM SERVICES:13344 MANAGEMENT AND GENERAL:2523 FUNDRAISING:8623 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:SUPPLIES TOTAL EXPENSES:128038 PROGRAM SERVICES:104464 MANAGEMENT AND GENERAL:8339 FUNDRAISING:15235 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:TELECOMMUNICATIONS TOTAL EXPENSES:17500 PROGRAM SERVICES:9260 MANAGEMENT AND GENERAL:8240 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:VOLUNTEER EXPENSE TOTAL EXPENSES:4105 PROGRAM SERVICES:4000 MANAGEMENT AND GENERAL:105 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:ANIMAL COLLECTIONS TOTAL EXPENSES:8754 PROGRAM SERVICES:8754 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:BANK CHARGES TOTAL EXPENSES:6543 PROGRAM SERVICES:5663 MANAGEMENT AND GENERAL:785 FUNDRAISING:95 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:REPAIRS AND MAINTENANCE TOTAL EXPENSES:73798 PROGRAM SERVICES:69241 MANAGEMENT AND GENERAL:4557 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MISCELLANEOUS TOTAL EXPENSES:12217 PROGRAM SERVICES:10523 MANAGEMENT AND GENERAL:1694 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROFESSIONAL DEVELOPMENT TOTAL EXPENSES:105669 PROGRAM SERVICES:87189 MANAGEMENT AND GENERAL:13278 FUNDRAISING:5202 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:CONTRACTED SERVICES TOTAL EXPENSES:1307854 PROGRAM SERVICES:1219574 MANAGEMENT AND GENERAL:27857 FUNDRAISING:60423 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:FUEL TOTAL EXPENSES:21511 PROGRAM SERVICES:21163 MANAGEMENT AND GENERAL:348 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:FINANCIAL SERVICE FEE TOTAL EXPENSES:16370 MANAGEMENT AND GENERAL:16370 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:DUES AND SUBSCRIPTIONS TOTAL EXPENSES:46749 PROGRAM SERVICES:42053 MANAGEMENT AND GENERAL:2540 FUNDRAISING:2156 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:SMALL TOOLS & EQUIPMENT TOTAL EXPENSES:81290 PROGRAM SERVICES:79351 MANAGEMENT AND GENERAL:1939 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:INDIRECT OVERHEAD PROGRAM SERVICES:42392 MANAGEMENT AND GENERAL:-42392